HOU ARCHIVED October 2017 | Page 28

Market Action Report October 2017
Community Information | School District
Market Action Report October 2017

County : Waller

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 315,561
3 %
15 %
Average List Price of all Current Listings
$ 374,676
6 %
14 %
October Median Sales Price
$ 240,000
-3%
0 %
-1%
-2%
$ 252,000
7 %
3 %
October Average Sales Price
$ 288,524
13 %
11 %
11 %
6 %
$ 265,023
-1%
-3%
Total Properties Currently for Sale ( Inventory )
198 -14%
-10%
October Number of Properties Sold
47
21 %
96 %
385
7 %
October Average Days on Market ( Solds )
71
1 %
4 %
6 %
-7%
79
10 %
4 %
Asking Price per Square Foot ( based on New Listings )
$ 124
5 %
-2%
6 %
12 %
$ 122
10 %
10 %
October Sold Price per Square Foot
$ 110
-1%
2 %
12 %
6 %
$ 107
2 %
3 %
October Month ' s Supply of Inventory
4.2 -29% -31% -54% -27%
5.9
1 %
3 %
October Sale Price vs List Price Ratio
94.8 %
2.6 % 1.2 % 2.6 % 1.4 %
93.5 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales October Property sales were 47 , up 95.8 % from 24 in October of
2016 and 20.5 % higher than the 39 sales last month . October Property 2017 sales Sales were at their highest level compared to October of 60
October 2016 and Property 2015 . sales October were YTD 47 , up sales 95.8 of % 385 from are 24 running October 7.2 % of 2016 ahead and of 20.5 last % year higher ' s year-to-date than the 39 sales of last 359 month . . October
50
2017 sales were at their highest level compared to October of 2016 and 2015 . October YTD sales of 385 are running 7.2 %
40 ahead of last year ' s year-to-date sales of 359 .
30
60
50
40
30
20

Waller

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in October was $ 240,000 , down 1.5 %
Prices from $ 243,625 in October of 2016 and down 3.2 % from The $ 248,000 Median last Sales month Price . in The October Average was Sales $ 240,000 Price , down in October 1.5 % was
350 from $ 288,524 $ 243,625 , up in 10.6 October % from of $ 2016 260,824 and down in October 3.2 % from of 2016 and up $ 13.5 248,000 % from last $ month 254,229 . The last Average month . Sales October Price 2017 in October ASP was at the $ highest 288,524 level , up 10.6 compared % from to $ 260,824 October in of October 2016 and of 2016 2015 . and up 300 13.5 % from $ 254,229 last month . October 2017 ASP was at the highest level compared to October of 2016 and 2015 . 250
20
10
0
10
20 21 24 16 21 27 34 29 27 39 33 30 23 20 29 35
0 N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O 14 15
16
17 N D J F M A M J J AMedian S O N DSales J F MPrice A M and J J AAverage S O N D Sales J F MPrice
A M J J A S O
14 15 16
17 3 Mo Avg
350 Median Sales Price and Average Sales Price
20 21 24 16 21 27 34 29 27 39 33 30 23 20 29 35 35 38 40 57 30 36 35 24 31 57 25 29 44 34 54 50 35 28 39 47
300
250
200
35 38 40 57 30 36 35 24 31 57 25 29 44 34 54 50 35
3 Mo Avg
28 39 47
200 150
150 100
N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O 100
14 15 16
17 N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O 14 15
16 17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory
& MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 198 , down of Properties 13.9 % from available 230 last for sale month as of and down 250
10.0
October 9.6 % from was 219 198 , in down October 13.9 % of from last year 230 last . October month 2017 and down Inventory 250 10.0
200 8.0
9.6 was % from at a mid 219 level in October compared of last with year October . October of 2017 2016 Inventory and 2015 . 200
8.0 was at a mid level compared with October of 2016 and 2015 . 150
6.0
150 6.0
100 4.0
A comparatively lower MSI is more beneficial for sellers while a 100 4.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2017 sellers MSI while of 4.2 a 50 2.0 higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of of 4.22016 50
2.0 months and 2015 was . at its lowest level compared with October of 2016 0 0.0 and 2015 .
0 N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A0.0S O N D14J
F 15 M A M J J A S O N D J F M16A M J J A S O N D J F M 17 A M J J A S O
14 15 16
17
95
84 95 84
97 87
107 90
122 97
132 107
145 122
151 132
151 145
160 151
159 151 164
160
171 159 181 164 182
171 179
181
196 182 215 179 225 228
196 214
215
219 225
206 228
208 214
208 219
215 206
210 208
207 208
202 215
210 210
224 207
228 202 230 210
198 224
87 90
228 230
198
Copyright © CB United , Realtors | Price Range : All | Property Types : SFH - Con
28 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Houston Association of REALTORS and may not reflect all relevant real estate activity . CB United , Realtors does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .